Nifty surges past 23,550, stocks on bullish spree as budget expectations swell

Domestic stocks extended their gains for a fourth straight session, with the Nifty 50 closing above the 23,550 mark. Positive vibes from a stable government and a strong global market fueled the rally. Realty and bank shares surged, while healthcare took a breather. Analysts see the positive momentum continuing, with mid-cap and small-cap stocks potentially leading the charge. All eyes are now on the government’s union budget for the next big market move.